TexasLine, that home appears to be well-built with a few nice goodies inside inherent to its “era.” And yes, some of those lots are magnificent around there!
Thanks for sharing and I hope it sells for at least the low $300K-range!
I agree with sdr that it may very well be up-bid from its “reserve” price.
I have seen these reverse mtgs get “foreclosed on” in Bonita, as well. This one is in particularly good shape!
I don’t think “equity robbing” reverse mtgs are a good idea, due to high fees, but some people have to use them to live because they don’t have anyone to take care of them when they get old and their SS is insufficient.
